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Old 01-24-2012, 02:08 PM
palermo22 palermo22 is offline
Registered User
Location: California Central Coast
 
Join Date: Jan 2012
Posts: 83
Mein Auto: Lexus IS 250
Quote:
Originally Posted by tturedraider View Post
Roughly 50% lease and the other half buys. There's no truly fiscally sound reason to lease except for business purchases. Otherwise leasing is really a lifestyle choice.

Just so you know, www.PenFed.org is a first rate credit union. Anyone can join. They have 1.99% financing currently up to 48 months, 2.49% to 60 months. Since they cater to the military they are very familiar with ED financing. Most other lenders are not. They get very nervous about not getting their lien perfected post haste. PenFed understands the process. BMWFS, of course, is the biggest lender for EDs. If you are eligible to join USAA they are also well versed with EDs. Are you a veteran? If so, you are eligible to join USAA. If you are eligible and are not a member I highly suggest joining. No one can touch their auto insurance rates. Their auto financing is usually right in line with PenFed's.
Thanks - I have been a USAA member for 25 years (I am a retired State Department Foreign Service Officer).